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Full Text: China's Energy Conditions and Policies (21) |
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13:54, December 26, 2007 |
For a fairly long time to come, international energy trade will remain a major way by which China utilizes foreign energy resources. China will actively expand international energy trade, promote the complementary advantages of the international energy market and maintain the stability of this market. China will pursue energy imports and exports, and improve policies for fair trade in accordance with its commitments to the WTO and the WTO rules. It will, step by step, change the current situation of relying too heavily on spot trading of crude oil, encourage the signing of long-term supply contracts with foreign companies, and promote the diversification of trading channels. China supports direct overseas investment by domestic qualified enterprises to engage in transnational operation, and encourage such enterprises to participate in international energy cooperation and in the construction of overseas energy infrastructure, and steadily expand cooperation in energy engineering technology and services in accordance with international practice and the rules of the market economy.
Energy security is a global issue. Every country has the right to rationally utilize energy resources for its own development, and the overwhelming majority of countries could not enjoy energy security without international cooperation. To realize a steady and orderly development of the world economy, it is necessary to promote economic globalization to develop in a direction featuring balance, universal benefit and win-win, and it is necessary for the international community to foster a new concept of energy security characterized by mutual benefit and cooperation, diversified development and coordinated guarantee. In recent years, sharp fluctuations of oil prices on the international market have affected the development of the world economy. The causes are multiple and complex, which demands that the international community strengthen dialogue and cooperation to work out a solution together from various aspects. To safeguard world energy security, China holds that the international community should make efforts mainly in the following three aspects:
-- Intensifying mutually beneficial cooperation in energy exploration and utilization. To ensure world energy security, it is imperative to strengthen dialogue and cooperation between energy exporting countries and energy consuming countries, as well as between energy consuming countries. The international community should strengthen consultation and coordination as regards energy policies, improve the international energy market monitoring and emergency response mechanisms, promote oil and natural gas development to increase energy supply, realize globalization and diversification of energy supply, ensure stable and sustainable energy supply internationally, maintain reasonable energy prices on the international market, and ensure that each country''s energy demands are well met.
-- Setting up a system to develop and popularize advanced technology. Energy conservation and diversification is a long-range plan for global energy security. The international community should strive to develop and popularize energy conservation technology, promote the comprehensive utilization of energy, and encourage each country to improve energy efficiency. It is necessary to actively advocate cooperation in highly efficient utilization of fossil fuels, such as clean coal technology, encourage cooperation of the international community in major energy technologies, such as renewable energy, hydrogen energy and nuclear energy, and explore for the establishment of a future world energy supply system using resources that are clean, economical, safe and reliable. Aiming at the sustainable development of humanity, the international community should handle well the problems concerning capital input, intellectual property rights protection and popularization of advanced technology, so as to benefit all countries and allow them to share humanity''s achievements.
-- Maintaining a safe, stable and wholesome political environment. Safeguarding world peace and regional stability is the prerequisite for global energy security. The international community should work collaboratively to maintain stability in oil producing and exporting countries, especially those in the Middle East, to ensure the security of international energy transport routes and avoid geopolitical conflicts that affect the world''s energy supply. The various countries should settle disputes and resolve contradictions through dialogue and consultation. Energy issues should not be politicized, and triggering antagonism as well as the use of force should be avoided.
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